50K Portfolio 1 Micro SI 25 (LIVE) = -$275
200K Portfolio 6 Micro SI 25 (LIVE) = -$2,200
We had nice gains at the lows. It turned into a prop up and chop up day. We have yet to see a normal down cycle. The market is more than over due for a down cycle where we see strong selling into the close.
The Fed Reserves excess balance sheet is an unwelcome foe that continues to illigetimize the market and the real truth.
We hit equity peaks on Monday and have endured 4 choppy days. Increasing contracts or starting after a drawdown is ideal time to enter into a portfolio versus starting at equity peaks.